The 2021 GAO High-Risk List: Blueprint for a Safer, Stronger, More Effective America
On Tuesday, March 2, 2021, at 10:30 a.m., Rep. Carolyn B. Maloney, the Chairwoman of the Committee on Oversight and Reform, will hold a hybrid hearing to examine the Government Accountability Office (GAO) 2021 High-Risk List and accompanying report as a blueprint for opportunities to further advance the health, safety, security, and prosperity of the nation through more effective and efficient federal operations.
GAO maintains a High-Risk Series, updated biennially, to report on federal operations with heightened vulnerability to waste, fraud, abuse, and mismanagement. The Series also includes federal operations that require significant transformation to meet adequate standards of efficiency and effectiveness and to address the country’s challenges. The 2021 list and accompanying report will describe the status of high-risk areas relative to their 2019 report and identifies new areas of concern, including the impact of the coronavirus pandemic.
Congressional action on issues identified through the High-Risk Series has yielded an estimated $575 billion in financial benefits since 2006, including approximately $225 billion in financial benefits in the past two years alone.